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Banks race to save startups after Silicon Valley Bank collapse

TMT

13 March, 2023

Banks race to save startups after Silicon Valley Bank collapse

At least three Indian banks—Axis Bank, Kotak Mahindra Bank, and ICICI Bank—along with the Indian unit of HSBC, assembled crack ......

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Kotak wraps up investments from $1 bn special situations fund with new deal

Healthcare

22 February, 2023

Kotak wraps up investments from $1 bn special situations fund with new deal

Kotak Special Situations Fund (KSSF), part of Kotak Mahindra Group’s alternative asset management arm, has completed the deployment of its ......

ICICI Bank, others back spacetech startup SatSure

Finance

06 February, 2023

ICICI Bank, others back spacetech startup SatSure

Bengaluru-based spacetech startup SatSure Analytics Pvt Ltd on Monday said it has raised an undisclosed sum from ICICI Bank, Kotak ......

Kotak, RBL Bank co-lead $57 mn debt round in Sequoia-backed Stanza Living

TMT

23 March, 2022

Kotak, RBL Bank co-lead $57 mn debt round in Sequoia-backed Stanza Living

Shared living operator Stanza Living said it has secured debt capital of $57 million (Rs 425 crore) co-led by Kotak ......

BharatPe's Grover takes voluntary leave till March amid audio clip row

People

19 January, 2022

BharatPe's Grover takes voluntary leave till March amid audio clip row

Ashneer Grover, Co-founder and Managing Director of BharatPe, has informed the company’s Board of Directors that he will be taking a voluntary leave of absence till the ......

Mswipe ropes in Kotak executive as CEO of its lending arm Mcapital

Finance

06 December, 2021

Mswipe ropes in Kotak executive as CEO of its lending arm Mcapital

Mcapital, the lending arm of Mswipe Technologies Pvt Ltd, has roped in Kotak Mahindra Bank’s National Head, Rohit Agrawal as ......

Kotak Bank to sell 8.57% stake in Airtel Payments Bank

Finance

31 August, 2021

Kotak Bank to sell 8.57% stake in Airtel Payments Bank

Banking and financial services company Kotak Mahindra Bank on Tuesday said it will sell about 8.57% stake held in Airtel ......

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PE investor Bay Tree sells a third of its stake in Yes Bank; sitting on 1.2x returns

Finance

11 May, 2021

PE investor Bay Tree sells a third of its stake in Yes Bank; sitting on 1.2x returns

Bay Tree India Holdings has sold almost a third of its stake in Yes Bank at a price that indicates ......

Northern Arc Capital raises debt financing from Kotak Mahindra Bank

Finance

19 April, 2021

Northern Arc Capital raises debt financing from Kotak Mahindra Bank

Non-bank lender Northern Arc Capital has received Rs 40 crore ($5.34 million) debt financing from mid-sized private-sector lender Kotak Mahindra ......

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Kotak fund backs Mariwala family in nutraceuticals biz

Healthcare

22 February, 2021

Kotak fund backs Mariwala family in nutraceuticals biz

A Kotak fund has struck a deal to invest in a nutraceuticals business backed by Sanjaya Mariwala family.  Kotak Special Situations ......